Free Forex Indicators (MT4), Trend Following Indicators

Trend Flex X2 Indicator

Trend Flex X2 Indicator is a crossover based trend-following forex trading indicator. It plots the trade signals in a pretty straightforward way which is clearly visible and can be understood by every trader in the market. The indicator offers a great simplicity in trading for the newbie traders as well.

Trend Flex X2 Indicator can be applied to trade all kinds of forex currency pairs available in the financial markets. Besides. Trend Flex suits all sorts of timeframe charts thus supports both scalping and day trading activities.

Trend Flex X2 Indicator Overview

Download the Indicator and install it on your MT4 terminal. Once you’re done, your chart will apparel like the following image:

Trend Flex X2 Indicator Overview

Trend Flex X2 Indicator Explanation

Trend Flex X2 Indicator plots simple crossover signals in between to MAs with special parameters in order to define the market trends. Its 20 TFMA moves above the 50 TFMA represents the bullish crossover signaling for the bullish trend of the market.

Trend Flex X2 Indicator Explanation

Oppositely, its 50 TFMA hikes above the 20 TFMA is considered as a bearish crossover promoting the bearish trend of the market. An opposite TFMA crossover to your trade direction should be taken as a trade exit signal.

Trend Flex: Buy Conditions

Trend Flex Buy Parameters
  • 20 TFMA moves above the 50 TFMA
  • The high of a bullish candle is broken by the following price bar
  • Buy triggers when the above conditions are met at the same time
  • Set stop loss below the low of the respective bullish candle’s low
  • Exit long/take profit whenever 50 TFMA moves above the 20 TFMA

Also Read: XM Forex Broker Review

Trend Flex: Sell Conditions

Trend Flex Sell Parameters
  • 50 TFMA moves above the 20 TFMA
  • The low of a bearish candle is broken by the following price bar
  • Sell triggers when the above conditions are met at the same time
  • Set stop loss above the high of the respective bearish candle’s low
  • Exit short/take profit whenever 20 TFMA moves above the 50 TFMA

Recommended Brokers

Share on:

I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

2 thoughts on “Trend Flex X2 Indicator”

Leave a Comment

About Trend Following System

Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money.

Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.